SET News 18/2021
March 12, 2021
mai-listed companies continue to recover in H2/2020
– Operating profit up 8.3 pct to THB 6.44 billion
– Total sales down 7.2 pct to THB 166.88 billion
– Earnings of mai-listed firms continued to rebound in Q4/2020
BANGKOK, March 12, 2021 – Companies listed on Market for Alternative Investment
(mai) reported combined sales of THB 166.88 billion (approx. USD 5.42 billion)
in 2020, down 7.2 percent from a year earlier. Their core operating profit rose
8.3 percent to THB 6.44 billion in 2020, while aggregate net profit declined
63.0 percent to THB 3.37 billion due to COVID-19 pandemic impact. However, the
recovery gathered steam in H2/2020.
mai President Prapan Charoenprawatt said that 169 mai-listed companies,
representing 95 percent of the total 177 firms (excluding those in the
non-compliance group or NC, those using different accounting period, and…